EMLP250919C00035000 Option on First Trust North

EMLP Etf  USD 37.40  0.32  0.85%   
EMLP250919C00035000 is a PUT option contract on First Trust's common stock with a strick price of 35.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 58 days remaining before the expiration. The option is currently trading at a bid price of $2.3, and an ask price of $3.0. The implied volatility as of the 23rd of July is 58.0.
When exercised, put options on First Trust produce a short position in First Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on First Trust's downside price movement.

Rule 16 of 2025-09-19 Option Contract

The options market is anticipating that First Trust North will have an average daily up or down price movement of about 0.0102% per day over the life of the option. With First Trust trading at USD 37.4, that is roughly USD 0.003798. If you think that the market is fully understating First Trust's daily price movement you should consider buying First Trust North options at that current volatility level of 0.16%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on First Trust

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their First Trust positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on First Etf have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameEMLP250919C00035000
Expires On2025-09-19
Days Before Expriration58
Delta0.847409
Vega0.036992
Gamma0.09255
Theoretical Value2.65
Open Interest10
Strike Price35.0
Last Traded At3.1
Current Price Spread2.3 | 3.0
Rule 16 Daily Up or DownUSD 0.003798

First short PUT Option Greeks

First Trust's Option Greeks for the contract ending on 2025-09-19 at a strike price of 35.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to First Trust's option greeks, its implied volatility helps estimate the risk of First Trust stock implied by the prices of the options on First Trust's stock.
Delta0.847409
Gamma0.09255
Theta-0.008076
Vega0.036992
Rho0.051375

First long PUT Option Payoff at expiration

Put options written on First Trust grant holders of the option the right to sell a specified amount of First Trust at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of First Etf cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on First Trust is like buying insurance aginst First Trust's downside shift.
   Profit   
       First Trust Price At Expiration  

First short PUT Option Payoff at expiration

By selling First Trust's put option, the investors signal their bearish sentiment. A short position in a put option written on First Trust will generally make money when the underlying price is above the strike price. Therefore First Trust's put payoff at expiration depends on where the First Etf price is relative to the put option strike price. The breakeven price of 37.65 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to First Trust's price. Finally, at the strike price of 35.0, the payoff chart is constant and positive.
   Profit   
       First Trust Price At Expiration  
View All First Trust Options

First Trust North Available Call Options

First Trust's option chain is a display of a range of information that helps investors for ways to trade options on First. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for First. It also shows strike prices and maturity days for a First Trust against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
EMLP250919C00042000042.00.0 - 0.20.2Out
Call
EMLP250919C000410002541.00.0 - 0.40.4Out
Call
EMLP250919C00040000040.00.0 - 1.51.5Out
Call
EMLP250919C00039000039.00.0 - 1.61.6Out
Call
EMLP250919C00038000038.00.0 - 1.851.85Out
Call
EMLP250919C0003700030137.00.0 - 2.01.1In
Call
EMLP250919C00036000036.00.3 - 3.20.3In
Call
EMLP250919C000350001035.02.3 - 3.03.1In
Call
EMLP250919C00034000034.01.75 - 5.01.75In
Call
EMLP250919C00033000033.02.7 - 5.92.7In
When determining whether First Trust North is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Trust North Etf. Highlighted below are key reports to facilitate an investment decision about First Trust North Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust North. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
The market value of First Trust North is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.